(a) All timber in this state which has been sold separately and apart from the land on which it stands shall be classed as personal property and shall be subject to taxation as such.
(b) Timber interests shall be assessed and the taxes collected thereon in the county where the timber is located.
Structure Arkansas Code
Subtitle 1 - General Provisions
Chapter 3 - Property Subject to Taxation and Exemptions
Subchapter 2 - Taxable Property
§ 26-3-201. Property subject to taxes generally
§ 26-3-203. Mobile homes and manufactured homes
§ 26-3-204. Federal lands sold by state
§ 26-3-206. Property used for other than church purposes — Exemption